Emerging Markets Local Debt

Mandate Profile:

  • Investor: German Foundation
  • Initial Investment Volume: 45 m. EUR
  • Investment Universe: Global Emerging Markets Bonds (primarily local currency) including Government-, Quasi-Sovereign-, Supranational- and Corporate Bonds
  • Investment Restrictions: Sustainablility should be an integral part of the investment process; maximum exposure in hard currency bonds 30%; maximum exposure in corporate bonds 25%.
  • Benchmark: e.g. JPM GBI-EM GD Index
  • Tracking Error: not restricted
  • Currency Hedging: unhedged
  • Derivatives: allowed
  • Investment Style: active, long-only
  • Investment Vehicle: mutual fund

Deadline: Friday, November 2nd, 2018 (COB)